by Dan Mitchell | Jul 23, 2022 | Blogs, Economics, Taxation
Here is the argument why corporate tax rates should be as low as possible. High corporate tax rates discourage investment.Less investment reduces worker productivity.Lower rates of productivity result in lower wages. In an ideal world, there would...
by Dan Mitchell | Jul 18, 2022 | Blogs, Economics, Taxation
I’ve written a few columns that explain tax principles, but this video from the Tax Foundation may be the best place to start if you have friends or colleagues who need to learn the basics. As part of the article that accompanies the video, the Tax...
by Dan Mitchell | Jul 16, 2022 | Blogs, Economics
There has been plenty of bad economic news for Joe Biden, most notably rising levels of inflation. He also is being criticized for his tax-and-spend fiscal agenda. And mocked for his assertions about red ink. But I think his main problem is this...
by Dan Mitchell | Jul 5, 2022 | Blogs, Economics, Energy
I’ve been wondering about Biden’s stupidest-ever tweet. Was it the one about corporate taxes, the one about class warfare, or the one about the deficit? The answer may be “none of the above.” That’s because this tweet about gas prices now may...
by Dan Mitchell | Jun 28, 2022 | Blogs, Economics
I’ve long argued that it’s generally better to focus on employment rather than unemployment when assessing the health of the job market, and I had a chance to pontificate on that topic for Labor Relations Radio. Sadly, labor force participation numbers weren’t...